Matematicas

financieras
 Sistemas de amortización

 Francés: Cuota fija

 Alemán: Abono fijo a capital
 Americano: el capital se paga al final

 UVR: es la unidad de valor real que es manejada por le Banrep

 Tablas de amortización

 Tabla de amortización con cuota fija

 Tabla de amortización con cuota variable

 Tablas de amortización
 Tabla de amortización con cuota fija
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Cuota fija mensual: usar la función de excel

 Tablas de amortización
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Saldo inicial= Valor al inicio del período, es el saldo de CAPITAL

 Tablas de amortización
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Cuota fija= Calculada con la función pago de Excel (fijarla en Excel)

 Tablas de amortización
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Interés: Saldo inicial * Tasa de interés PERIODICA (Fijar la tasa)

 Tablas de amortización
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Abono a capital : Cuota fija- Interés

 Tablas de amortización
Monto de Prestamos $ 30,000,000.00
Interés 1.50%Mensual
Periodos 24Meses
Cuota fija mensual ($1,497,723.06)

No. De Períodos Saldo Inicial cuota Fija Interés Abono a Capital Saldo Final
0        $ 30,000,000.00
1$ 30,000,000.00 $1,497,723.06 $ 450,000.00 $ 1,047,723.06 $ 28,952,276.94
2$ 28,952,276.94 $1,497,723.06 $ 434,284.15 $ 1,063,438.90 $ 27,888,838.04
3$ 27,888,838.04 $1,497,723.06 $ 418,332.57 $ 1,079,390.49 $ 26,809,447.55
4$ 26,809,447.55 $1,497,723.06 $ 402,141.71 $ 1,095,581.35 $ 25,713,866.20
5$ 25,713,866.20 $1,497,723.06 $ 385,707.99 $ 1,112,015.07 $ 24,601,851.14
6$ 24,601,851.14 $1,497,723.06 $ 369,027.77 $ 1,128,695.29 $ 23,473,155.84
7$ 23,473,155.84 $1,497,723.06 $ 352,097.34 $ 1,145,625.72 $ 22,327,530.12
8$ 22,327,530.12 $1,497,723.06 $ 334,912.95 $ 1,162,810.11 $ 21,164,720.01
9$ 21,164,720.01 $1,497,723.06 $ 317,470.80 $ 1,180,252.26 $ 19,984,467.76
10 $ 19,984,467.76 $1,497,723.06 $ 299,767.02 $ 1,197,956.04 $ 18,786,511.71
11 $ 18,786,511.71 $1,497,723.06 $ 281,797.68 $ 1,215,925.38 $ 17,570,586.33
12 $ 17,570,586.33 $1,497,723.06 $ 263,558.79 $ 1,234,164.26 $ 16,336,422.07
13 $ 16,336,422.07 $1,497,723.06 $ 245,046.33 $ 1,252,676.73 $ 15,083,745.34
14 $ 15,083,745.34 $1,497,723.06 $ 226,256.18 $ 1,271,466.88 $ 13,812,278.46
15 $ 13,812,278.46 $1,497,723.06 $ 207,184.18 $ 1,290,538.88 $ 12,521,739.58
16 $ 12,521,739.58 $1,497,723.06 $ 187,826.09 $ 1,309,896.97 $ 11,211,842.61
17 $ 11,211,842.61 $1,497,723.06 $ 168,177.64 $ 1,329,545.42 $ 9,882,297.19
18 $ 9,882,297.19 $1,497,723.06 $ 148,234.46 $ 1,349,488.60 $ 8,532,808.59
19 $ 8,532,808.59 $1,497,723.06 $ 127,992.13 $ 1,369,730.93 $ 7,163,077.66
20 $ 7,163,077.66 $1,497,723.06 $ 107,446.16 $ 1,390,276.89 $ 5,772,800.77
21 $ 5,772,800.77 $1,497,723.06 $ 86,592.01 $ 1,411,131.05 $ 4,361,669.72
22 $ 4,361,669.72 $1,497,723.06 $ 65,425.05 $ 1,432,298.01 $ 2,929,371.70
23 $ 2,929,371.70 $1,497,723.06 $ 43,940.58 $ 1,453,782.48 $ 1,475,589.22
24 $ 1,475,589.22 $1,497,723.06 $ 22,133.84 $ 1,475,589.22 $ -

Saldo Final : Saldo inicial del periodo – Abono a capital (este saldo final es el saldo inicial del siguiente
periodo.
 Cuota variable
Monto de Prestamos $ 50,000,000.00
Interés 26.00%Efectiva Anual Pasarla a tasa períodica
Periodos 36Meses
Tása períodica 1.94%

No. De Períodos Saldo Inicial Interés Amortización Cuota Variable Saldo Final
1$ 50,000,000.00 $ 972,298.35 $ 1,388,888.89 $ 2,361,187.24 $ 48,611,111.11
2$ 48,611,111.11 $ 945,290.06 $ 1,388,888.89 $ 2,334,178.95 $ 47,222,222.22
3$ 47,222,222.22 $ 918,281.77 $ 1,388,888.89 $ 2,307,170.66 $ 45,833,333.33
4$ 45,833,333.33 $ 891,273.49 $ 1,388,888.89 $ 2,280,162.37 $ 44,444,444.44
5$ 44,444,444.44 $ 864,265.20 $ 1,388,888.89 $ 2,253,154.09 $ 43,055,555.56
6$ 43,055,555.56 $ 837,256.91 $ 1,388,888.89 $ 2,226,145.80 $ 41,666,666.67
7$ 41,666,666.67 $ 810,248.62 $ 1,388,888.89 $ 2,199,137.51 $ 40,277,777.78

Saldo Inicial: Saldo inicial del prestamo

 Cuota variable
Monto de Prestamos $ 50,000,000.00
Interés 26.00%Efectiva Anual Pasarla a tasa períodica
Periodos 36Meses
Tása períodica 1.94%

No. De Períodos Saldo Inicial Interés Amortización Cuota Variable Saldo Final
1$ 50,000,000.00 $ 972,298.35 $ 1,388,888.89 $ 2,361,187.24 $ 48,611,111.11
2$ 48,611,111.11 $ 945,290.06 $ 1,388,888.89 $ 2,334,178.95 $ 47,222,222.22
3$ 47,222,222.22 $ 918,281.77 $ 1,388,888.89 $ 2,307,170.66 $ 45,833,333.33
4$ 45,833,333.33 $ 891,273.49 $ 1,388,888.89 $ 2,280,162.37 $ 44,444,444.44
5$ 44,444,444.44 $ 864,265.20 $ 1,388,888.89 $ 2,253,154.09 $ 43,055,555.56
6$ 43,055,555.56 $ 837,256.91 $ 1,388,888.89 $ 2,226,145.80 $ 41,666,666.67
7$ 41,666,666.67 $ 810,248.62 $ 1,388,888.89 $ 2,199,137.51 $ 40,277,777.78

Interés: Calcular el saldo de la deuda multiplicado por la tasa de interés Periódica

 Cuota variable
Monto de Prestamos $ 50,000,000.00
Interés 26.00%Efectiva Anual Pasarla a tasa períodica
Periodos 36Meses
Tása períodica 1.94%

No. De Períodos Saldo Inicial Interés Amortización Cuota Variable Saldo Final
1$ 50,000,000.00 $ 972,298.35 $ 1,388,888.89 $ 2,361,187.24 $ 48,611,111.11
2$ 48,611,111.11 $ 945,290.06 $ 1,388,888.89 $ 2,334,178.95 $ 47,222,222.22
3$ 47,222,222.22 $ 918,281.77 $ 1,388,888.89 $ 2,307,170.66 $ 45,833,333.33
4$ 45,833,333.33 $ 891,273.49 $ 1,388,888.89 $ 2,280,162.37 $ 44,444,444.44
5$ 44,444,444.44 $ 864,265.20 $ 1,388,888.89 $ 2,253,154.09 $ 43,055,555.56
6$ 43,055,555.56 $ 837,256.91 $ 1,388,888.89 $ 2,226,145.80 $ 41,666,666.67
7$ 41,666,666.67 $ 810,248.62 $ 1,388,888.89 $ 2,199,137.51 $ 40,277,777.78

Amortización: importante en este caso, la amortización a capital es SIEMPRE IGUAL

Total del monto del préstamo / Total de periodos a pagar. (Fijar este valor)
 Cuota variable
Monto de Prestamos $ 50,000,000.00
Interés 26.00%Efectiva Anual Pasarla a tasa períodica
Periodos 36Meses
Tása períodica 1.94%

No. De Períodos Saldo Inicial Interés Amortización Cuota Variable Saldo Final
1$ 50,000,000.00 $ 972,298.35 $ 1,388,888.89 $ 2,361,187.24 $ 48,611,111.11
2$ 48,611,111.11 $ 945,290.06 $ 1,388,888.89 $ 2,334,178.95 $ 47,222,222.22
3$ 47,222,222.22 $ 918,281.77 $ 1,388,888.89 $ 2,307,170.66 $ 45,833,333.33
4$ 45,833,333.33 $ 891,273.49 $ 1,388,888.89 $ 2,280,162.37 $ 44,444,444.44
5$ 44,444,444.44 $ 864,265.20 $ 1,388,888.89 $ 2,253,154.09 $ 43,055,555.56
6$ 43,055,555.56 $ 837,256.91 $ 1,388,888.89 $ 2,226,145.80 $ 41,666,666.67
7$ 41,666,666.67 $ 810,248.62 $ 1,388,888.89 $ 2,199,137.51 $ 40,277,777.78

Cuota variable: Suma del interés + la amortización

 Cuota variable
Monto de Prestamos $ 50,000,000.00
Interés 26.00%Efectiva Anual Pasarla a tasa períodica
Periodos 36Meses
Tása períodica 1.94%

No. De Períodos Saldo Inicial Interés Amortización Cuota Variable Saldo Final
1$ 50,000,000.00 $ 972,298.35 $ 1,388,888.89 $ 2,361,187.24 $ 48,611,111.11
2$ 48,611,111.11 $ 945,290.06 $ 1,388,888.89 $ 2,334,178.95 $ 47,222,222.22
3$ 47,222,222.22 $ 918,281.77 $ 1,388,888.89 $ 2,307,170.66 $ 45,833,333.33
4$ 45,833,333.33 $ 891,273.49 $ 1,388,888.89 $ 2,280,162.37 $ 44,444,444.44
5$ 44,444,444.44 $ 864,265.20 $ 1,388,888.89 $ 2,253,154.09 $ 43,055,555.56
6$ 43,055,555.56 $ 837,256.91 $ 1,388,888.89 $ 2,226,145.80 $ 41,666,666.67
7$ 41,666,666.67 $ 810,248.62 $ 1,388,888.89 $ 2,199,137.51 $ 40,277,777.78

Saldo final = Saldo inicial del periodo – amortización

Este saldo final del periodo es el saldo inicial del SIGUIENTE PERIODO
 UVR - Unidad de valor real
Es simplemente una unidad de valor que fue
creada por el Banrep que permite asumir que
se mantiene el poder adquisitivo (hace el
reajuste por inflación)
 Caso especial en Colombia = UVR
Crédito $ 350,000,000.00
Tasa UVR + 12% 0.113865515 0.95%
IPC 4.80% 0.046975292 0.39%
UVR 0 279.59
Plazo 10 años120 meses
Valor en UVR 1,251,833.04
Abono constante a K 10431.94201

Periodo Pago en UVR Intereses UVR Abono a k en UVR Saldo UVR UVR
0      1,251,833.04 279.59
1 22310.32653 11878.38452 10431.94201 1,241,401.10 280.6844851
2 22211.33999 11779.39798 10431.94201 1,230,969.16 281.7832548

Convertir la tasa UVR en periódica

Convertir el IPC en periódica
Convertir el valor del crédito en UVR (crédito en pesos/valor actual en UVR)
Calcular el Abono Constante a K (Total valor en UVR / # de meses)
Realizar el calculo como si fuera un abono constante (Cuota variable)
 Caso especial en Colombia = UVR
Intereses Total
Pago cop Intereses COP Inflación COP Abono a K Cop Saldo COP
Inflación COP Intereses COP
            $ 350,000,000.00
6,262,162.51 3321077.527 1370112.671 13000.71543 4704190.913 1,557,971.60 $ 348,442,028.40
6,258,783.68 3306294.257 1364013.823 12942.84473 4683250.925 1,575,532.75 $ 346,866,495.65

Pago COP= Pago en UVR * UVR

Intereses COP = Saldo COP periodo anterior * intereses COP

Saldo inflación Cop= Saldo COP period anterior * inflacion periodica COP

Intereses Inflación = Saldo intereses COP * tasa inflación

Total intereses COP = Intereses COP+Saldo Inflacion COP+Intereses Inflación

Abono K = Pago COP – Total intereses COP

Saldo COP: Saldo COP period anterior – abono COP